Carpenters Salary in New Mexico
SOC 47-2031 · New Mexico · BLS OEWS May 2024
The median salary for Carpenters in New Mexico is $52,000 per year ($25.00/hr). This is 12.3% lower than the national median of $59,301. The middle 50% earn between $43,701 and $60,154 annually. Top earners at the 90th percentile reach $75,254.
Wage Percentiles: New Mexico
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $17.86 | $37,149 | -4.2% |
| P25 | $21.01 | $43,701 | -8.1% |
| P50MEDIAN | $25.00 | $52,000 | -12.3% |
| P75 | $28.92 | $60,154 | -20.5% |
| P90 | $36.18 | $75,254 | -23.5% |
Market Context Signal
Manufacturing openings fell 71K, the first decline in three months. Quit rates continue to fall. The market is clearly easing with less urgency to stretch offers.
Frequently Asked Questions
What is the median carpenters salary in New Mexico?
The median (P50) annual salary for Carpenters in New Mexico is approximately $52,000, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 12.3% lower than the national median of $59,301.
What is the salary range for entry-level carpenters in New Mexico?
Entry-level Carpenters (10th percentile) in New Mexico earn approximately $37,149 per year. The 25th percentile is $43,701. Top earners (90th percentile) reach $75,254.
How does New Mexico compare to the national average for carpenters?
New Mexico pays 12.3% lower than the national average. The national P50 is $59,301 vs $52,000 in New Mexico. Based on BLS national data adjusted for regional cost factors.
Carpenters Salary by Location
Other Roles in New Mexico
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